Charitable trust registration requires a specified-violation notice; settled cash deposits and related-party payments did not justify cancellation or ...
External development charges trigger TDS under section 194C, while disputed administrative payments require factual verification and fresh adjudicatio...
Section 270AA penalty immunity requires identified statutory defaults and a hearing before rejection; reassessment disclosure may constitute under-rep...
Section 80JJAA employee-cost deduction allowed for deployed staff but barred against transfer-pricing income enhancement, with pricing issues remanded...
Transfer-pricing methodology protects commercially genuine associated-enterprise payments, while pre-2016 secondary adjustments and related notional i...
Negative liens over operating assets can constitute international transactions requiring arm's-length pricing reflecting restricted borrowing and expa...
Cross-examination rights in Customs Broker revocation inquiries require witness examination; procedural denial may be cured through fresh adjudication...
HC dismissed the application challenging cognizance and summoning order. Despite not being directly implicated in the scheduled offence, the applicant was found potentially involved in money laundering through concealment and layering of proceeds of crime. The court held that the applicant must face prosecution for money laundering as a standalone offence, independent of the original scheduled offence. The ruling emphasizes the need for further investigation into the applicant's role in financial irregularities, while explicitly noting that the order does not prejudge the merits of the underlying allegations.
HC dismissed the application challenging cognizance and summoning order. Despite not being directly implicated in the scheduled offence, the applicant was found potentially involved in money laundering through concealment and layering of proceeds of crime. The court held that the applicant must face prosecution for money laundering as a standalone offence, independent of the original scheduled offence. The ruling emphasizes the need for further investigation into the applicant's role in financial irregularities, while explicitly noting that the order does not prejudge the merits of the underlying allegations.
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